-The Hindu Business Line The recent devastation of crops shows that the Indian economy continues to be a ‘gamble’ on the rain. But can India Meteorological Department’s new model make it predictable? Moisture wrecks a farmer's life. Since February this year, lakhs of farmers across 14 states were left with damaged crops. Unseasonal rains destroyed crops on 11 million hectares spread over Rajasthan, Uttar Pradesh, Haryana, Madhya Pradesh, Maharashtra and Punjab....
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If you do not hear the farmer -Ajay Jakhar
-The Indian Express During the election campaign, the BJP had promised a 50 per cent profit margin on minimum support prices to farmers. But over the past year, the optimism of farmers has turned to despair. Since the parliamentary elections, basmati paddy prices have fallen by 35 per cent and cotton by 25 per cent. The era of cooperative federalism notwithstanding, the Centre practically decreed that states not announce a crop...
More »Rebooting the rural jobs scheme -Himanshu
-Livemint.com At a time when rural economy is badly in need of stimulus, the least the govt can do is increase spending on MGNREGA It is now officially acknowledged that the rural economy is heading for a distress situation. As if the fall in crop prices was not sufficient, the situation of farmers in India has been compounded by the vagaries of the monsoon with less than normal rainfall last year...
More »Wheat procurement will be lower this year -Gargi Parsai
-The Hindu The MSP is fixed for the Fair Average Quality of grain that is purchased by the FCI and its agencies. There is a growing concern in official circles about untimely rain and hail in the northern parts of the country hitting wheat procurement for the Public Distribution System by an estimated three million tonnes this year. This may not augur well for a country that is committed to providing cheap...
More »Akhilesh declares calamity in UP, seeks Rs 1,000 cr from PM
-PTI Lucknow: With 55 districts in Uttar Pradesh hit by untimely rains and hailstorm, chief minister Akhilesh Yadav has declared a calamity and has written to Prime Minister Narendra Modi seeking Rs 1,000 crores to immediately provide relief to farmers. The chief minister reviewed the prevailing situation yesterday and had said that a financial assistance of Rs 5 lakh from the chief minister's fund will be provided to farmers who faced an...
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